OUTSOURCING OR SELLING COUNTY DEBT

Board of County Commissioners · 2026-07-21 · report

This document is a report on the feasibility of outsourcing or selling County debt, not a development project. It states that as of July 29, 2025, the outstanding debt for County Departments was about $525 million, and identified almost $41 million gross (8%) that could be considered for sale to third-party collection agencies or receivables buyers. The report recommends the Board consider the sale of a portion, not its totality, of the outstanding debt portfolio. The report was accepted by the Board of County Commissioners on 7/21/2026. No specific address, parcel, acreage, or zoning change is stated.